Question
Consider the following daily time series representing the number of clients visiting the Small Business Development Center over the previous 10 days. Day Clients 1
Consider the following daily time series representing the number of clients visiting the Small Business Development Center over the previous 10 days.
| Day | Clients |
|---|---|
| 1 | 1 |
| 2 | 2 |
| 3 | 1 |
| 4 | 3 |
| 5 | 0 |
| 6 | 2 |
| 7 | 1 |
| 8 | 1 |
| 9 | 2 |
| 10 | 3 |
Step 1 of 2:
What is the Simple Exponential Smoothing Forecast for day 11 (t = 11) assuming that the smoothing constant, alpha = 0.35? Round to 2 decimal places.
Consider the following daily time series representing the number of clients visiting the Small Business Development Center over the previous 10 days.
| Day | Clients |
|---|---|
| 1 | 1 |
| 2 | 2 |
| 3 | 1 |
| 4 | 3 |
| 5 | 0 |
| 6 | 2 |
| 7 | 1 |
| 8 | 1 |
| 9 | 2 |
| 10 | 3 |
Step 2 of 2:
What is the Simple Exponential Smoothing Forecast for day 11 (t = 11) assuming that the smoothing constant, alpha = 0.6? Round to 2 decimal places.
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Financial Accounting A Key To Your Success In The Exam
Authors: Victoria Dobrynskaya
2nd Edition
3843389713, 978-3843389716
